Athens- May 20, 2004- OTEGlobe, OTE´s wholly owned subsidiary for carrier’s carrier voice and international wholesale data business, and Telefonica Int’l Wholesale Services global provider of international wholesale services within the Telefonica Group, are announcing today their agreement to collaborate at a strategic level, starting with a number of international wholesale voice opportunities.
This agreement allows OTEGlobe and Telefonica Wholesale to jointly focus on cost reduction and new revenue generation, through stable exchange of premium quality international voice traffic, as well as the implementation of preferred roaming and GRX services, between their respective geographical footprints of ownership.
«OTEGlobe strategy’s implementation procedures as carrier’s carrier in the broader regions of SE Europe and Middle East for the provisioning of international wholesale services (voice traffic, internet, data and capacities), after the cooperation agreements signed in Asia-Pacific between Singapore Telecommunications and in Baltic-Europe with TeliaSonera, are now taking a new significance with Telefonica Wholesale. We have entered into a new alliance partnership with Telefonica Wholesale, the dominant carrier in Spain and Latin America, which has been identified as another reliable partner of similar philosophy and vision as well as innovative mindset and operational practices» says Mr. Anastasios Angeloglou, CEO, OTEGlobe.
«Telefonica Wholesale’s outstanding presence in the Spanish and Portuguese speaking markets, its reliability and guaranteed service levels in network performance altogether with OTEGlobe’s standards of quality and their understanding of the wholesale business, have been decisive to this agreement», says Mr. Carlos Mariñas, CEO at Telefonica Wholesale.
As a follow up to the agreement task groups will primarily focus on the following areas:
1. Traffic delivery from most of Latin American countries and Spain via OTE to Greece and major Balkan routes, and from OTE via Telefonica Wholesale to its relative region
2. Maintaining high quality mobile-to-mobile CLI calling, for the respective mobile affiliates.
3. Joint capacity planning/POP interconnectivity to back expected traffic rise between both parties.
4. Collaboration on roaming agreement as preferred supplier and on GRX Peering for GPRS between their respective affiliates.
The two non-competing partners will be extending their reach through each other’s footholds, without forming a merged company, but rather by “coordinating” joint activities, uncovering and realizing opportunities already existing upon their complementary strengths.